By Cristina Roca

 

Beiersdorf AG will take Delivery Hero SE's place on the DAX index, Germany stock-exchange operator Deutsche Boerse AG said late on Friday.

Shares in the maker of personal-care products will trade on the blue-chip index as of June 20, while those of Delivery Hero will be relegated to the MDAX index.

The DAX has 40 constituents. They are chosen based on their free-float market capitalization, which is reviewed every three months, Deutsche Boerse said.

 

Write to Cristina Roca at cristina.roca@wsj.com

 

(END) Dow Jones Newswires

June 06, 2022 01:25 ET (05:25 GMT)

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